Selected Investments

Pragati Ki Nayi Pehchaan – Empowering Lives, Powering Aspirations

16,500+ employees. 2.6+ million Customers. Network of 729+ branches, spread across 600 towns and 65,000+ villages.

SMFG India Credit Co. Ltd. (“SMFG India Credit” and formerly Fullerton India Credit Co. Ltd.) started its India operations in 2007, and today it is one of the leading NBFCs with a pan India presence. With a valued strength of more than 16,500 employees, the company offers financial support and partnership to over 2.6 million customers, across over 729 branches. SMFG India Credit operates in the niche sectors, and provides financial access to the underserved and unserved segments. By doing so, formal credit was introduced to people who were underserved or in unserved segments, in the communities across the country.

The Company has invested in technology and digital capabilities to enhance customer and stakeholder experience. This echoes the core values and ethos of making things simpler, in its journey to empower people. The Company remains gender neutral and do what is right for the community. Primary services provided include financing of SMEs for working capital and growth, loans for commercial vehicles and two-wheelers, home improvement loans, loans against property, personal loans, working capital loans for urban self-employed and loans for rural livelihood advancement, rural housing finance and financing of various rural micro enterprises.

SMFG India Credit’s Corporate Social Responsibility: Touching Lives

As a part of its Corporate Social Responsibility, SMFG India Credit enables sustainable development and inclusive growth across communities. The Company has implemented various innovative socio-economic and environmental initiatives, in fulfilment of its role as a socially responsible corporate citizen. SMFG India Credit reaches out to the under-banked and unbanked by not just providing them with financial services but also by enabling the communities with services and skills that would help improve their quality of life and standard of living.

Our CSR program touches the lives of thousands of people across the country through various year-round initiatives and attempts to make a difference.

SMFG India Credit’s Corporate Social Responsibility (CSR) projects operate under the brand name - ‘Uday – ek nayi subhah’, which signifies hope, thus fulfilling the Company’s commitment in making a change in lives of the under privileged.


SMFG India Credit’s CSR initiatives are focused on four broad sectors - Livelihood, Health, Education and Environment.

As a part of CSR initiatives, SMFG India Credit has touched the lives of over 2 million people to-date.

Efforts in building sustainable financial and healthcare solutions are commended on a global scale. Recently SMFG India Credit was featured in the World Book of Records for organising the ‘Largest Single Day Cattle Care Camps’ as a part of its ‘Pashu Vikas Day’.

Mr. Shantanu Mitra
CEO and Managing Director

Mr. Shantanu Mitra is the Chief Executive Officer & Managing Director of SMFG India Credit. He is responsible for the overall corporate strategy of the company and its subsidiaries, covering Risk, Operations, Technology, Analytics and Digital Initiatives.

Shantanu has over 40 years of experience in financial services, with over 20 years at Standard Chartered Bank and Citibank where he had stints in India, Singapore and Thailand. His last role in Standard Chartered Bank was Senior Regional Risk Officer, India, Middle East & Africa, based in Mumbai. His previous experience with SMFG India Credit included a stint from 2010 to 2017, initially as Head of Consumer Risk for the parent company Fullerton Financial Holdings, Singapore and subsequently a very successful tenure as CEO & MD with SMFG India Credit.

Shantanu has extensive experience in Risk Management, spanning many geographies in Emerging Markets including Asia, Africa and the Middle East. He holds a BSc in Statistics from the University of Calcutta, India and is a Member, Institute of Chartered Accountants, England & Wales. Since his previous retirement from FICC, Shantanu has served in various Board and Advisory capacities including, Non-Executive Director at DBS Bank, India; and Operating Partner with Global PE firm, Advent International including as Advisor in their portfolio companies.